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Stocks rallied on Thursday, led by strong gains in tech and energy shares, as Wall Street cheered the possibility that the Federal Reserve will cut interest rates next month.
The article ges on to state the following:
Thursday’s gains cut most of the steep losses recorded by the major indexes in May. The S&P 500 and Dow both fell more than 6% while the Nasdaq lost 7.9% last month. The three indexes were up more than 7% for June.
— CNBC (@CNBC) June 20, 2019
S&P 500 rises 1% to close at first all-time high since April. For our live coverage, check out: https://t.co/z9foH5FArt
— Bloomberg (@business) June 20, 2019
BREAKING: The S&P 500 index closes at a record high, erasing its losses from May.
— The Associated Press (@AP) June 20, 2019
S&P 500 closes at new record high https://t.co/f3QuMht7Dg
— CNBC Now (@CNBCnow) June 20, 2019
— Reuters Top News (@Reuters) June 20, 2019
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